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We’re living in an increasingly competitive world and, as a leading maritime nation that wants to stay up with the play, Denmark needs to review one particular aspect of its regulatory framework: seafarer taxation. While more conventional vessels are covered by favourable taxation rules, it’s becoming more and more important for this to be extended to specialised vessels operating in offshore industries.

The current CFD auctions apply to projects that start in 2020 and run to 2023. That’s the first major change I’d like to point to – that we are now tendering for projects up to 5 years ahead of the day installation actually begins – instead of the two years or so that was typical back in, say, 2013 or 2014.

It’s commonly said that the only difference between men and boys is the size of their toys. So it may seem completely backwards to have a room of fully grown offshore wind people playing with tiny LEGO block models to help coordinate the installation of some of the biggest ‘toys’ in the world: offshore wind turbines.

A number of years ago, it was normal practice for offshore contractors to win major offshore wind turbine installation projects using non-propelled jack-up barges supported by tugboats and anchors for positioning. This was the established way – it was safe, reliable and efficient.

Maximum wind speeds have a significant influence on costs and time required for offshore wind turbine installation projects. The maximum wind speed is the speed at which it is no longer possible to lift major turbine components (nacelle, tower and blades) by a jack-up vessel. The restricting factors are crew safety and equipment damage due to instability of the load during the hoist.

The essence is our speciality within certain niches and that we aim to be the best in those niches. Our dredging background has given us knowhow within different areas, such as the seabed, sea conditions and other marine environment factors as well as the associated technologies.